Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058545 | Economics Letters | 2015 | 4 Pages |
Abstract
The assumption of aggregate matching functions in labor markets is tested using a network configuration model for directed multigraphs. We use employer-employee matched records of the universe of employees and firms in Finland and find that aggregate matching functions, even at the level of submarkets, cannot explain the vast majority of the observed patterns of labor flows between firms. Our findings suggest the need for theoretical frameworks that take into account the structure of labor market frictions.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Omar A. Guerrero, Eduardo López,